APPLE

APPLE

1. Environmental

   • Positive
     • Apple is popular for removing toxins from devices over the years by removing mercury and arsenic out of screens.
     • 99% of paper and packaging used by Apple is recycled or sustainable.
     • 93% of Apple's energy comes from renewable sources
     • None of Apple's waste from any of their IPhone and Apple Watch final assembly sites ends up in landfill.
   • Negative
     • The company's 2015 environmental stewardship report states the company has "diverted more than 508 million pounds of electronic waste from landfills since 2008."
     • In 2013, Apple factories in China such as Foxconn and Pegatron were accused of polluting nearby rivers with black-green colour factory chemicals.
     • Apple generates about 34.2 million metric tonnes of greenhouse gases from large manufacturing warehouses that generate an extensive amount of electricity from coal.

2. Economical

   • Positive
     • Apple contributes around $9.2 million of annual tax revenue to Cupertino each fiscal year
     • In 2012, Apple in Cupertino generated around $25 million of local property tax revenue.
       • The revenue was distributed to local schools, fire protection agencies, libraries and other public agencies.
     • Apple accounts for about 3.5% of the weighting of the S.&P. 500 in America
     • Apple's annual revenue accounts for approximately 1.25% of the total United States GDP.
   • Negative
     • Apple uses a variety of offshore structures and arrangements to shift billions of dollars from the United States to Ireland in order to avoid paying tax
     • Apple poorly contributes to China's GDP
     • Because Apple makes so much money it generates more call for higher corporate taxation in the U.S, where income inequality has become a major political issue.
     • There have been calls to restrict Chinese imports in the U.S in an effort to boost American manufacturing.

3. Social/Cultural

   • Negative
     • Apple outsources labour to cheap Asian markets and maximizes profits by cutting expenses to the bare minimum.
     • Apple employees that work in manufacturing factories in China work in extremely poor conditions
       • in 2010, 137 workers at Suzhou facility, owned by Apple suppliers Wintek were injured by a poisonous chemical, n-hexane, used to clean iPhone screens because it dried faster
       • Four workers died and 18 were injured in 2011, in a dust explosion at Foxconn factory in Chengdu, which produces iPad parts.
       • 61 workers were injured in a gas explosion at Riteng Computer Accessory Co factory in Shanghai, which was trialling aluminium iPad 2 back panels.
   • Positive
     • Apple is Cupertino’s largest single employer, accounting for approximately 40% of the City’s job base.
     • Apple creates around $5.9 billion of gross sales for non-Apple local businesses down the supply chain in Cupertino, Santa Clara and Sunnyvale.
     • Apple has joined President Obama’s ConnectED initiative and pledged $100 million of teaching and learning solutions to 114 underserved schools across the country.
       • 2,930 devices have already been given to teachers in Apple ConnectED schools during the first year

4. Technological

   • Negative
     • It has socially disconnected societies through the addiction of new Apple Softwares
     • Apple forces consumers to constantly update their phones or computers with the latest software.
     • Looking at a computer or phone screens for too long can cause significant damage to your eyes as well as keeping you more awake, which affects your body clock.
   • Positive
     • The ITunes store over the years has prevented illegal downloading by offering a new way of pricing and selling music
     • Apple has completely revolutionised the technological industry with new innovations involving smartphones and computers that many industries are now trying to emulate across all consumer products
     • Scientists use apple technology to accelerate their workflow for better computation, visualization, analysis and general productivity.
     • Apple products have globalised the world through new innovative and efficient ways of accessing the media which has culturally and socially integrated nations around the world.

5. Apple was established on the 1st of April in 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne. Apple main headquarters is in Cupertino, California. Apple employs a total of 115,00 permanent full-time employees across 478 retail stores in 17 different countries. 1 billion Apple devices are in active use around the world today.

   • List of Companies Owned by Apple: Emagic: music software company Novauris: speech recognition company PrimeSense: 3D motion sensor company Beats Electronics: headphone production company

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